Armisen played Wolff, author of "Fire and Fury: Inside the Trump White House," which the Trump administration has called "fiction" and "full of lies." Some have called out the real Wolff for factual errors in the book, which was released on Jan. 5.

When questioned on the veracity of "Fire and Fury," Armisen's Wolff responded, "You got the gist, so shut up. You know, even the stuff that’s not true? It’s true."

The real Bannon stepped down at Breitbart News after explosive comments about President Donald Trump's children were published in Wolff's book. Trump was livid about the remarks in "Fire and Fury," sources told the Associated Press.

As "Morning Joe" co-host Mika Brzezinski (Kate McKinnon) lamented there was no one who could save the country, Oprah Winfrey (Leslie Jones) called into the show to discuss a possible presidential run in 2020.

"The most insane thing is that Trump said all of this racist stuff right before Martin Luther King Day, which is like pounding a case of beer on your way to rehab," Jost said about Trump referring to Haiti and African nations as "s--thole countries."

"Here's the thing, my job is to make jokes about the news. Trump saying something racist isn’t exactly news anymore," Che said. "It’d be news if Trump said, 'You know what we need more of in this country? Haitians.'"

The segment also touched on the Wall Street Journal report that Trump allegedly paid a porn star, nicknamed "Stormy Daniels," $130,000 to keep her from speaking about a sexual encounter with him.